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ARDEN HILLS CITY COUNCIL—MARCH 30, 2015 5 the City's 2030 Comprehensive Plan needs to be amended to reflect the new Very Low Density Residential land use for the site. City Planner Streff commented that Planning Case 15-004 includes three (3)requests: 1. Preliminary&Final Plat. 2. Rezoning to amend the zoning designation for 1941 County Road E2 and 1901 County Road E2 to R-2 Single and Two Family Residential District. 3. Comprehensive Plan Amendment to amend the 2030 Future Land Use Map to classify 1941 and 1901 County Road E2 as Very Low Density Residential land use. City Planner Streff reviewed the Plan Evaluation, Zoning Regulations and Traffic Study in detail with the Council. City Planner Streff explained that the Planning Commission reviewed Planning Case 15-004 at their regular meeting on March 4, 2015. The Planning Commission offers the following findings of fact for consideration: General Findings: 1. The proposed Valentine Bluff subdivision is comprised of 4.77 acres. 2. The proposed Valentine Bluff subdivision property located at 1941 County Road E2 is currently zoned R-1 Single Family Residential and the property located at 1901 County Road E2 is currently zoned N-B Neighborhood Business. 3. The Valentine Bluff subdivision is proposed as R-2 Single &Two Family Residential. 4. The R-2 Single&Two Family Residential District permits up to five (5)units per acre. 5. The proposed Valentine Bluff development is proposed at 1.54 units per acre. 6. The Valentine Bluff subdivision property currently has the land use designations of Public & Institutional and Neighborhood Business in the City's 2030 Comprehensive Plan. 7. The applicant is proposing to re-plat the property into seven(7) single-family lots. 8. The applicant is proposing to construct seven(7) single-family homes. 9. No new streets will be constructed as a result of this development. 10. The proposed development requires park dedication. 11. The park dedication requirement for this application is six percent of the land in dedication or a fee of six percent of the purchased price or some combination thereof. The current purchase agreement between Landmark of Arden Hills, LLC (Developer/Purchaser), and Bethel University (Owner/Seller) indicates a purchase price of $856,000 for the two properties. Based on the purchase price the park dedication if paid in a fee would be $51,360. 12. As currently designed the proposed plan is not in conformance with the City's 2030 Comprehensive Plan in regards to the land use classifications; the property at 1941 County Road E2 is guided for Public & Institutional and the property at 1901 County Road E2 is guided for Neighborhood Business. 13. The development plan would require that both properties be re-zoned to R-2 Single&Two Family Residential District and designated in the Comprehensive Plan as Very Low Density Residential.